Over the past several years, the most talked-about trend in the global economy has been the so-called rise of the rest, which saw the economies of many developing countries swiftly converging with those of their more developed peers.

While a new round of U.S. quantitative easing will have a negative impact on emerging markets like Brazil, the country should not blame U.S. monetary policy for the structural flaws in its economy, says expert Bernardo Wjuniski.

Brazil's rise never depended on the sale of commodities, and thanks to recent reforms, the country will continue to prosper, write Shannon O'Neil, Richard Lapper, and Larry Rohter. Ronaldo Lemos, meanwhile, claims that those reforms have not gone far enough.

After emerging from the 2008 financial crisis relatively unscathed, Brazil's inevitable entrance into the club of major global powers is increasingly accepted. CFR's Stewart M. Patrick and Carlos Simonsen Leal of the Brazilian Getulio Vargas Foundation discuss Brazil's perspective on global finance and international security.

During the Brazilian president's visit to the Unied Sates, Brazil and America should find a common ground to confront China over financial and economic policies that harm Brazilian and American companies, says Ted Piccone, a senior fellow at the Brookings Institution.

The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of divergent interests, says journalist Martin Wolf.

Campaign 2012

The 2012 U.S. presidential election is a low priority for Brazilians, says Matias Spektor. He says that Brazil does have a stake in the economic recovery of the United States, but many Brazilians think the policies in the United States being put forth won't work.